Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $449,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$449,000
$632/sqft
Bid $
$356,579
Max bid / MAO
Room
~$92,421 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$189,849
$267/sqft
ARV
$304,879

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $356,579 · Ask $449,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft711 sqft
ARV$304,879
List− $449,000
Rehab− $189,849
Gross profit$-333,970

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDOS $265,000 · 685 sqft
Street locked · 07306 · CONDOS $299,000 · 751 sqft
Street locked · 07306 · CONDOS $455,000 · 665 sqft

Net pro forma

Includes closing costs & 3.52-month carry

Buy closing (2%)$8,980
Holding carry$20,614
All-in capital$668,442
Sell costs (6%)− $18,293
Net proceeds$286,586
Net profit $-11,551
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property presents a solid cosmetic flip opportunity with significant visual detractors like the exposed wall paneling and dated flooring. While the layout appears functional, the visible wear suggests underlying deferred maintenance that should be budgeted for during due diligence.

Rehab: $189,849

Renovation budget

Total: $189,849
Cosmetic rehab band (711 sqft × $45/sqft) $31,995
Contingency (15%) $4,799

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Declining

07306 (07306) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
32/100
35% weight
hidden repair risk
64/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
1.0
Sqft
711
Zip
07306

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